Nouriel Roubini the Worst is Yet to Come

Dr. Doom, Nouriel Roubini says the worst is yet to come.

The economic shock from the fall of European economies like Greece, Portugal or Italy leaving the Eurozone would be much larger than from the disorderly collapse of Lehman Brothers in their Fall of 2008.

If a Euro crisis unfolds, global growth would slow down and trade would shrink, with emerging markets also adversely effected by the fiscal train wreck.

“ Well, you know, I’m putting most of my money into cash. A sophisticated high net worth individual all 100% into cash. This is not the time to be in risky assets.” – Dr. Doom Nouriel Roubini

CFC Cash for Clunkers Cars.gov CARS Car Allowance Rebate System

Automakers reported much better than expected July car sales sparked by the Governments Cash For Clunkers $4500 rebate program. Fox News’ Glenn Beck explains the Cash for Clunkers program and Cars.gov – CARS Car Allowance Rebate System. 

General Information Video: Title XIII bill HR2346 consumer assistance to recycle and save act. $3500 to $4500  in US Govt Funding toward purchase of new fuel efficient vehicles. Video:

CFC cash for clunkers Automotive Stimulus Program